Insurance startup Bright Health raises $200M at ~$950M valuation

A flurry of digital-first insurers are betting they can surpass industry incumbents with a little help from technology and a lot of help from venture capitalists. The latest to land a massive check is Bright Health, a Minneapolis-headquartered provider of affordable individual, family and Medicare Advantage healthcare plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee. The company, founded by […]

With $300M in new funding, Devoted Health launches its Medicare Advantage plan in Florida

Devoted Health, a Waltham, Mass.-based insurance startup, has raised a $300 million Series B and is enrolling to its Medicare Advantage plan members in eight Florida counties. The company, which helps Medicare beneficiaries access care through its network of physicians and tech-enabled healthcare platform, has raised the funds from lead investor Andreessen Horowitz, Premji Invest and […]

‘Brotopia’ inspired OODA Health to raise its $40.5M round only from firms with female partners

It’s never particularly easy to raise a round of venture capital — but I think most experienced founders will tell you it’s not quite as bad the second or third time around, when you’ve got some experience under your belt and a track record to present to VCs. It helps if you’re male too, at […]